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In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.
In the absence of urban planning policies, property tax on real estate changes the incentives for developing land, which in turn affects land use patterns. One of the main concerns is whether or not it encourages urban sprawl. The market value of undeveloped real estate reflects a property's current use as well as its development potential. As ...
In the 20th century real estate developers preferred working with 40-acre (16 ha) parcels. [2] The phrases "front 40" and "back 40," referring to farm fields, indicate the front and back quarter-quarter sections of land.
May 2—MOSES LAKE — When it comes to the cost of farming, irrigation — especially in the Columbia Basin — is a cost that has to be factored in and planned for with each acre having a place ...
To purchase, plant and terminate a cover crop, it costs Bonacker about $40 per acre. So planting cover crops on his entire 1,400 acres of row cropland costs $56,000 a year — all to cultivate a ...
Farm land can be very large: some farms are more than 100 acres. The agent must be familiar with livestock farms and crop producing farms to determine the market value of the property. [1] Value of the property is determined with the expected return on investment of the farm business. Farm machinery are often included as part of the transaction.
Liz Graznak, center, arranges tomatoes as Happy Hollow Farm workers return empty bins to the trailer before the first customers arrive Sept. 14 at the Columbia Farmers Market.
Changes in the farm economy, such as the rising cost of farmland (from $20 an acre in 1850 to $50 an acre in 1870), a decline in prices for agricultural production, and increased costs of mechanized farming favored the larger landowners. Smaller family farms at Beech Settlement that were less prosperous were sold and their former owners moved away.
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